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From Near Bankruptcy to Gaming Glory: How One Intern Saved Valve's Legacy Episode

From Near Bankruptcy to Gaming Glory: How One Intern Saved Valve's Legacy

· 01:37

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The article discusses the precarious financial situation faced by Valve before the release of Half-Life 2 and the launch of Steam, which nearly led to the company's bankruptcy due to a legal dispute with Vivendi. Following the acquisition of Sierra, Vivendi began distributing Counter-Strike contrary to Valve's original contract, prompting Valve to file a lawsuit for recognition of their rights. The situation escalated, putting Valve in a dire financial position where they considered selling personal assets to stay afloat. However, a summer intern named Andrew, a native Korean speaker, discovered crucial evidence in the legal documents submitted by Vivendi, leading to a favorable settlement for Valve. His role was pivotal in preserving Valve's intellectual property, ultimately allowing them to release Half-Life 2 and solidify their impact on the gaming industry.

Key Points:

  • Valve faced bankruptcy due to a legal battle with Vivendi over rights related to Counter-Strike.
  • The company sought legal recognition and reimbursement, but Vivendi escalated the conflict.
  • Valve's financial struggles led to discussions about selling personal assets to continue operations.
  • A summer intern, Andrew, discovered vital evidence in Korean documents that helped Valve's case.
  • This intervention led to a favorable settlement, securing Valve's intellectual property and enabling the release of Half-Life 2.
    Link to Article

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